Newgen -Long Consolidation/IHSBreakout Inverted Head and Shoulder breakout in newgen Softwares - Fundamentals also well Enough
NEWGEN trade ideas
NEWGEN looks goodcmp 651
trgt blue lines
sl red lines
Disclaimer:
All information shared is just for educational purposes.
By no means shall we be accountable for any debits/losses amounting out of it.
We are not SEBI registered Analysts, so please consult your Investment Advisor and take rational decisions.
NEWGEN Software | Chart Seems Positive | High Delivery HIgh Delivery
Nice Consolidation
Keep in watch
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NEWGEN SOFTWARE - BuyHigh Probability Trade Setup
Buy NEWGEN Software above 620.
Risky traders can even buy around 600-610 range.
Stock looks good for mid-term.
Above 645, stock can blast and we can see 700++ levels as well. Refer chart for in detailed levels.
There is a gap created from 664 to 645, high probability of gap getting filled in coming week.
Good Volumes seen on the chart on Friday. Stock has retraced from 50%. High chances of 700 levels in coming days.
Newgen Software can be good breakout from here Newgen Software can be good breakout from here
Newgen Software can be good breakout from here
Newgen Software Breakout(Weekly)
- Descending triangle breakout
- close > PWH
- RS+
Target -754
Trail using Supertrend
Newgen has consolidated well and ready for up move. Newgen has consolidated well and ready for up move.
NEWGEN TECHNOLOGIES STOCK ANALYSIS.This chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
